Leonia, NJ vs Monmouth Beach, NJ

Leonia is moderately more affordable than Monmouth Beach, with a 13.2% lower cost of living index. Leonia scores 157 compared to 180 for Monmouth Beach, where the US average is 100. This difference means residents of Monmouth Beach can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Leonia is $2,149/month compared to $2,169/month in Monmouth Beach — a 1% difference. Home values follow the same pattern: Leonia is more affordable at $634,500 median vs $918,100.

Median household income in Leonia is $116,429 compared to $140,074 in Monmouth Beach (-16.9%). While Monmouth Beach is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Leonia spend roughly 22.1% of their income on rent, more than the 18.6% in Monmouth Beach.